Oakbay, Guptas release details of meeting with ANC top brass
March 18, 2016
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Oakbay Investments, the holding company of the Gupta family’s businesses,
today released the details of a meeting with ANC officials on February 15
at Luthuli House in double page advertisements.

The ANC at the meeting was represented by President Jacob Zuma, Deputy
President Cyril Ramaphosa, chairperson Baleka Mbete, secretary-general
Gwede Mantashe, deputy secretary-general Jessie Duarte and
treasurer-general Zweli Mkhize.

Oakbay was represented by group CEO Nazeem Howa, shareholders Ajay Gupta,
Duduzane Zuma and Moegsien Williams, editor-in-chief of The New Age and
ANN7.

Howa said last night the document was being released after persistent
requests from the media for details of the meeting. “Also, we want to
remove the misconceptions, misrepresentations and deliberate lies being
purveyed by others about the company, the Gupta family and the friendship
with Zuma,” he said.

“The facts released will show the contradiction between the claims that we
exercise huge influence over the government and the small amount of
business we conduct with government agencies.” Howa said the Oakbay
delegation also dealt with the claim that the Guptas “appointed” Cabinet
members and the lies and myths surrounding it.

Ajay Gupta related how the Fikile Mbalula “urban legend” originated. Gupta
said: “I read a speculative report in a weekend newspaper that Fikile is
being named as a possible minister. When I bumped into him a few days later
I jokingly congratulated him on his possible appointment.

Fikile then tweeted that he was told by a Gupta that he is heading for the
Cabinet.” Howa said that’s how the urban legend started.

The story appeared in the Weekend Argus on October 24, 2010. “We stated
very strongly that we are not interested in politics or meddling in it.

We simply wanted to grow our businesses to employ more and more South
Africans,” Howa said. The Oakbay team also provided evidence to the top six
of the group’s business dealings with the government.

“Our last audited financial statements show that only have 1% of business
coming from government despite the stories pedalled by competitor media.

On coal supply, we have under 1% of the supply to Eskom. If the Optimum
deal closes this will move to about 5%,” Howa said.

*Tna Reporter*

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